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Jan 10, 2013 9:00am EST
. we'll have the latest and the ceo join us later in the show. >>> well, today president obama is set to nominate white house chief of staff jack lew as his next treasury secretary. succeeding tim geithner. lew has been budget director in both the obama and clinton administrations. he will pray a major role of course in negotiations over the debt ceiling and potential spending cuts. the president will make his announcement at 1:30 eastern. it's an event in the east room at the white house. i have to say off the bat just because he's a forest hills guy like me that i, you know, may be a little affinity, we grew up in the same town. >> that alone could be good. >> different generation. >> maybe a technocrat is what's necessary. no one tells me this guy is acrimonious. the talks may have been. but when we're trying to figure out what to cut, maybe you just need a guy who knows his way around the budget as opposed to a federal reserve guy. i thought tim geithner did a great job, though, and i know i find myself in the minority on that, but he came to the rescue of the system in apparel hu
Jan 8, 2013 9:00am EST
's the right thing to do. >> we're roughly two years from the timetable set by president obama to withdraw our forces from afghanistan. today, another unfortunate story about an afghan soldier, firing on and killing some nato forces, not u.s., i don't believe. many people look at that and say, why don't we get out now, it's not going to work. it's not going to succeed. do you agree? >> i think afghanistan can succeed. but i also think it's important for our country on two levels. first, we do have an emotional commitment to afghanistan, a responsibility. we went there in 2001 for our interests, to go after al qaeda. not because the afghans asked us. and we raised expectations among females and other parts of society. so i think there's an emotional commitment. but there's also a geostrategic imperative. stability in that region is important for the world. it's important for america. hundreds of thousands of eep soldiers there. >> how could we hope for stability if we're out entirely in two years and the taliban knows we're going to be out? and even with 70,000 troops on the ground right now, i
Jan 9, 2013 9:00am EST
says that president obama will name jack liu, his white house chief of staff, as treasury secretary, as early as tomorrow. a lot of speculation about this, and about the timing. secretary geithner has said he would leave around the inauguration. we're about ten days away right now. so this is going to happen as early as tomorrow. don't know yet on a decision about chief of staff. there's a lot of speculation about ron claims, the former chief of staff to vice president biden. also dennis mcdocdoneo. some talked about tom daschle. but don't know about a decision on chief of staff yet. >> john, thank you for that. good piece of news there. john harward in washington. for some reaction on that, let's go to sheila bair who joins us this morning from washington. good to see you back. welcome. >> thanks for having me. >> people had illusions that lew was a front-runner. i can't imagine you're surprised. >> no. >> it's said he's highly partisan, tip o'neil's office, and exposure to banks with his experience at citi. can he get approved? >> well, i don't know. it's difficult to get nominees
Search Results 0 to 2 of about 3